What is Zilingo? Zilingo Review

composition

Zilingo has its own B2C e-commerce website, selling products directly to consumers in Indonesia, Thailand, Singapore, Malaysia and Australia.

Zilingo also has a B2B e-commerce website that sells in bulk directly to potential buyers in Europe and the United States.

introduce

Zilingo claims that the company has more than 1,500 small businesses and more than 500,000 buyers, growing at a rate of 40% per month, making it one of the fastest growing e-commerce companies in Southeast Asia.

Zilingo provides sellers with a complete e-commerce ecosystem, a full range of payment options, inventory management, video production, etc., allowing sellers to focus on product development.

Main Products

Sellers can sell fashion products such as jewelry, clothing, accessories, shoes, watches, bags, etc. In addition: Zilingo platform prohibits the sale of counterfeit goods.

Note: Once counterfeit products are discovered, the products will be removed from the shelves and the store will be suspended indefinitely.

Advantages of Settlement

1. Traffic data: 8 million page views per month;

2. Hot-selling categories: clothing;

3. Target audience: mid- to high-end fashion e-commerce platform, no advertising, no promotion, no sales and reviews displayed on the front desk, very simple, designated logistics, fixed shipping fee;

4. Market sites: Opened Singapore, Thailand, Indonesia, and the Philippines markets;

5. Platform features: mid-to-high-end fashion e-commerce platform, no advertising, no promotions, no sales and reviews displayed on the front desk, very simple, designated logistics, fixed shipping costs;

6. Platform data: Connecting more than 300 million fashion buyers, with an e-commerce market value of more than $1.1 billion. The number of consumers has a monthly growth rate of 40%. Monthly sales exceed $40 million. It is predicted that the total transaction volume of goods in the e-commerce industry will surge to $88 billion in 2025.

Entry conditions

1. Corporate sellers;

2. The main categories must be in line with the platform's hot-selling categories;

3. You must provide the seller’s real delivery address and mobile phone number.

Platform Fees

1. Commission 25%;

2. Logistics fee: 12 SGD. (Price for first weight, within 3 kg).

Platform payment

On the 15th of each month, settle the orders for the previous month and return the money to the seller through the Payoneer account. Use a p-card to receive payment.

Platform Logistics

Merchants only need to send the order to the corresponding warehouse address in our country according to the address on the order invoice. Zilingo will be responsible for the subsequent cross-border logistics. The order must be shipped within 3 working days of receiving it.

Financing

In September 2016, Zilingo received $8 million in Series A funding led by existing investor Sequoia, with participation from Indonesia’s Venturra Capital and Hong Kong-based SIG.

In September 2017, Southeast Asian fashion e-commerce platform Zilingo completed a US$18 million Series B financing round, led by Sequoia Capital and Burda Principal Investments.

develop

Zilingo has established offices in Singapore, Thailand, Indonesia and India in just 16 months. Among the B2B customer base in 10 countries, 7% are repeat customers, with an average order value of about US$5,000 and an average MOQ of about 1,000 orders, achieving a monthly sales growth of more than US$2 million. At the same time, Zilingo has more than 1 million B2C users in Southeast Asia, 33% of whom are repeat buyers and 45% are repeat users, with a high degree of user engagement.

References

• 1. Introduction to Zilingo: Clothing news website [reference date 2018-03-22T16:00:00.000Z]
• 2. Zilingo’s financing in 2017: Phoenix Technology [cited on 2018-03-22T16:00:00.000Z]
• 3. Zilingo Development: Brand Clothing Network [cited on 2018-03-22T16:00:00.000Z]
• 4. Zilingo’s financing in 2016: Investment Trends website [reference date 2018-03-22T16:00:00.000Z]